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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
THE FIRST TRUST COMBINED SERIES 501: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FQNDRX)
Strong Downtrend (-100) - FQNDRX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FQNDRX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FQNDRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FQNDRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FQNDRX
The long-term trend has been DOWN since Apr 2nd, 2024 at 951.97
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 962.12
The short-term trend has been DOWN since Apr 17th, 2024 at 947.64
Smart Scan Analysis for FQNDRX
Based on our trend formula, FQNDRX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 947.64 | 947.64 | 947.64 | 939.43 | -0.43 |
| Prev. Close | Volume | Bid | Ask | Time |
| 944.44 | 0 | 947.21 | 1075.69 | 2024-04-17 20:00:00 |
| 52wk High | 1075.69 | 52wk High Date | 2024-04-24 |
| 52wk Low | 860.33 | 52wk Low Date | 2023-10-31 |
| Year End Close | 1086.38 | Payment Date | 2023-09-25 |